Uber ‘attractive' as robotaxi threat overstated - analyst
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Jefferies analysts believe Uber's ridesharing service is not facing a significant threat from robotaxi services in the near term. They see the rise of autonomous driving technologies as an opportunity for Uber rather than a challenge.
November 19, 2024 | 4:00 pm
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Jefferies analysts consider Uber's ridesharing service to be resilient against the potential threat of robotaxi services. They believe that autonomous driving technologies present an opportunity for Uber.
Jefferies analysts argue that robotaxi services will not pose a significant threat to Uber's pricing in the near term. Instead, they view the development of autonomous driving technologies as a potential growth opportunity for Uber, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100